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Tether to Halt USDT on Omni, BCH, Kusama, EOS, Algorand as Focus Shifts to Layer 2s

Summary by Coin Desk
The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.

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Tether announced that it will withdraw USDT issuance from five blockchains, including Omni Layer, Bitcoin Cash SLP, Kusama, EOS/Vaulta, and Algorand, due to low usage on these chains. This move aims to concentrate resources on maintaining mainstream chains such as Ethereum and Tron.

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  • 100% of the sources are Center
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World News broke the news in United States on Friday, July 11, 2025.
Sources are mostly out of (0)